6. “Old School” Innovation
The Lab in the Wilderness
• Scientists creating new technology
• Separate from core business
• Mythical “visionary” selectively invests
Innovation never sees light of day
7. “New School” Innovation
Turn Business into a Startup
• Open floor plan makes room for Scooters
• Pizzas, free cola and nerf guns
• Innovation as marketing buzzword
Core business adversely affected
8. Lean Intrapreneur
“Local” experiments Big experiments
Customer co-creation Customer empathy
Data informs ROI Data informs new opp
Eliminate Waste Executing Eliminate Waste Learning
14. Intrapreneurship Mindset
• Allocate resources to search
• Senior Executives know how to lead search
• Teams have the ability to do it
• Corporate Support Systems in Place
• Culture (HR, employee willing, etc.)
15. In Spirit of Lean Startup – GO!
• Start small from the bottom up
• Make it harmless and fun
• Expose to senior executives
• Get a few teams doing it (both product and
functional)
• Update your Capabilities, Systems & Culture
Answer: Apply lean to your innovation process!